Senate Chief Whip, Orji Uzor Kalu has lamented the scarcity of the naira owing to the currency redesign policy of the Central Bank of Nigeria (CBN). He said the cash crunch by the naira redesign policy of the Central…
The Vice-President, Yemi Osinbajo, says the cashless policy, when effectively operated in Nigeria, can help stem the surge of illicit election financing. He stated this on Monday at the Presidential Villa, Abuja, when…
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has ruled out the possibility of reversing the ongoing implementation of the cashless policy. Despite criticisms trailing the CBN's newly introduced…
The Central Bank directed deposit money banks and other financial institutions to ensure that over-the-counter cash withdrawals by individuals and corporate entities per week do not exceed N100,000 and N500, 000,…